Since Jane’s corporation has become so popular, she has decided to allow other businesses to sell her products. This is an example of what type of business?
Franchise
100
Tami wants to invest money in shares of stock. She would have to pay taxes on her earnings twice. Which is an ADVANTAGE of a sole proprietorship over a corporation?
Single taxation
100
The government of the United States allows consumers to make decisions about goods and services consumed. Which main factor of the international business environment is this information about this country classified?
Political and legal concerns
100
Don tried several times to remove unfamiliar files from his computer. He used anti-virus software to remove the files. This is an example of what type of concern for using technology?
Computer crime
100
Laos has limited infrastructure that will hinder international businesses to conduct transactions in it. This country depends heavily on the agricultural industry. Which main factor of the international business environment is this information about this country classified?
Economic development
200
Mary owns stock for several companies, which she plans to pass ownership to her grandchildren. She chose this form of ownership over sole proprietorship because of the ADVANTAGE of:
Potential of unlimited life.
200
Mary is proud of saving over $43,000 in a bank. She knows that her saving money at the bank will provide funds for others to borrow money. This information would be useful for which measurement of economic activities?
Investment activities
200
A cosmetic company purchased an automatic wrapping machine that wraps a pallet of boxes in 30 seconds. To complete the same task manually, it would take an employee almost 3 minutes. This information would be useful for which measurement of economic activities?
Labor activities
200
Timmy regularly meets with employees to prepare them for job evaluation conferences. Which human resources manager activity is he performing?
Managing performance of employees
200
Which statement is true about balance of payment?
Balance of payments is favorable when a country receives more money into it than it pays out.
300
A production manager determined that the buffer made the finish of cars appear to be dull. Which continuous process improvement did he perform?
Monitor performance continuously
300
Todd prefers business ownership that will not require his attention to daily activities. He chose this form of ownership over sole proprietorship because of the ADVANTAGE of the owners?
Limited liability
300
Companies located in the Research Triangle Park reported that they have hired many graduates who have earned technology degrees from the local community college. Which resource will the graduates provide for the companies?
Human
300
Harry checks his electronic calendar for tasks assigned by his boss regularly. He very seldom sees his boss. This is an example of which style of leadership?
Laissez-fare
300
Taz prefers buying products from Sears using his computer, since the nearest brick and mortar store is over 100 miles from his home. This is an example of what type of technology application?
E-commerce
400
Carlos ignores minor decisions in his business even though his name is on the sign as one of the owners. This is an example of what type of business ownership?
Partnership
400
Using the Internet and online communication, Shari presented a new product to potential customers in Peru, Costa Rica, and New York. This is an example of what type of technology application?
E-commerce
400
John renovated his restaurant to reflect the retro style of 1950. This is an example of which type of business operation?
Facilities management
400
A company spent $8,000 of its $97,000 workplace wellness budget on pedometers. What percent of its budget was used?
8%
400
Cuba bans American products to be sold within its country. This is an example of which international trade barrier?
Embargoes
500
Which is an example of product development?
Studying new functions for a detergent
500
During the renovation of the office building, Harry made sure that the call buttons located in the hallways were 42 inches above the floor for easier access. Which protection is Harry addressing?
Safe work environment
500
Chun purchased 150 shares of stock in the Panasonic Company. How many votes will she have at the next stockholder’s meeting?
150
500
Hank has ownership, even without liability over his initial investment, along with George for a local business. This is an example of what type of business ownership?
Partnership
500
John made sure all counter surfaces in the bathrooms were only 34 inches above the floor to accommodate employees. Which protection is he addressing?